On April $1,$ Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company$$s first month.

April $2$ Nozomi invested $$49,000$ cash and computer equipment worth $$30,000$ in the company in exchange for its common stock.

April $3$ The company rented furnished office space by paying $$1,700$ cash for the first month$$s $($April$)$ rent.

April $4$ The company purchased $$1,400$ of office supplies for cash.

April $10$ The company paid $$2,880$ cash for a $12-$month insurance policy. Coverage begins on April $11.$

April $14$ The company paid $$900$ cash for two weeks' salaries earned by employees.

April $24$ The company collected $$12,500$ cash for commissions revenue.

April $28$ The company paid $$900$ cash for two weeks' salaries earned by employees.

April $29$ The company paid $$400$ cash for minor repairs to computer equipment.

April $30$ The company paid $$950$ cash for this month's telephone bill.

April $30$ The company paid $$1,550$ cash in dividends.

The company's chart of accounts follows:

$101$ Cash $403$ Commissions Revenue

$106$ Accounts Receivable $612$ Depreciation Expense$$Computer Equipment

$124$ Office Supplies $622$ Salaries Expense

$128$ Prepaid Insurance $637$ Insurance Expense

$167$ Computer Equipment $640$ Rent Expense

$168$ Accumulated Depreciation$$Computer Equipment $650$ Office Supplies Expense

$209$ Salaries Payable $684$ Repairs Expense

$307$ Common Stock $688$ Telephone Expense

$318$ Retained Earnings $901$ Income Summary

$319$ Dividends

Use the following information to prepare adjusting entries:

Prepaid insurance of $$160$ expired this month.

At the end of the month, $$700$ of office supplies are still available.

This month$$s depreciation on computer equipment is $$600.$

Employees earned $$480$ of unpaid and unrecorded salaries as of month$-$end.

The company earned $$1,850$ of commissions revenue that is not yet recorded at month$-$end.

Required:

$1.$ & $2.$ Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement $6$B GL tab. The company records prepaid and unearned items in balance sheet accounts.

$3.$ Using account balances from Requirement $6$B GL tab, prepare an unadjusted trial balance as of April $30.$

$4.$ Journalize the adjusting entries for the month, and then post to the ledger on Requirement $6$B GL tab, using April $30$ Adjusted as the date.

$5$a$.$ Using adjusted account balances from Requirement $6$B GL tab, prepare an adjusted trial balance as of April $30.$

$5$b$.$ Prepare the income statement for the month of April $30.$

$5$c$.$ Prepare the statement of retained earnings for the month of April $30.$

$5$d$.$ Prepare the balance sheet at April $30.$

$6$a$.$ Prepare journal entries to close the temporary accounts and then post to Requirement $6$B GL tab, using April $30$ Close as the date.

$6$b$.$ Post the journal entries to the ledger.

$7.$ Prepare a post$-$closing trial balance.